Essex LLC cut its holdings in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU – Free Report) by 4.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,870 shares of the company’s stock after selling 705 shares during the quarter. Essex LLC owned approximately 0.15% of iShares U.S. Utilities ETF worth $1,527,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. New Wave Wealth Advisors LLC purchased a new position in iShares U.S. Utilities ETF in the 4th quarter valued at approximately $117,000. Trilogy Capital Inc. bought a new stake in shares of iShares U.S. Utilities ETF during the 3rd quarter valued at $206,000. Vertex Planning Partners LLC purchased a new stake in iShares U.S. Utilities ETF during the 3rd quarter worth about $211,000. Rede Wealth LLC purchased a new stake in iShares U.S. Utilities ETF during the 3rd quarter worth about $212,000. Finally, Keystone Wealth Services LLC bought a new position in iShares U.S. Utilities ETF in the 3rd quarter worth about $216,000.
iShares U.S. Utilities ETF Stock Down 0.2 %
Shares of IDU opened at $99.93 on Friday. The business’s 50-day moving average price is $98.56 and its 200-day moving average price is $98.79. iShares U.S. Utilities ETF has a twelve month low of $75.93 and a twelve month high of $106.16. The stock has a market cap of $1.07 billion, a PE ratio of 25.14 and a beta of 0.48.
iShares U.S. Utilities ETF Profile
iShares U.S. Utilities ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Utilities Index (the Underlying Index). The Underlying Index measures the performance of the utilities sector of the United States equity market.
Featured Stories
- Five stocks we like better than iShares U.S. Utilities ETF
- Stock Analyst Ratings and Canadian Analyst Ratings
- 3 Volatility ETFs to Help You Profit from Market Chaos
- 5 discounted opportunities for dividend growth investors
- Lam Research: Is a NAND Upgrade Cycle the Next Growth Catalyst?
- What Are Dividend Achievers? An Introduction
- Chipotle’s Slip: A Short-Term Dip or Long-Term Opportunity?
Want to see what other hedge funds are holding IDU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Utilities ETF (NYSEARCA:IDU – Free Report).
Receive News & Ratings for iShares U.S. Utilities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Utilities ETF and related companies with MarketBeat.com's FREE daily email newsletter.